Word: takeshita
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...more immediate challenge: how to ensure the stability and prosperity of the global economy. The President will travel to Toronto on June 19 for the annual economic summit with the other leaders of the Group of Seven industrialized nations: Britain's Margaret Thatcher, Japan's Noboru Takeshita, West Germany's Helmut Kohl, France's Franois Mitterrand, Italy's Ciriaco De Mita and the host, Canada's Brian Mulroney. Inside the Metro Toronto Convention Center, the leaders will discuss such major problems as trade imbalances, protectionism and Third World debt...
...South Korea, which was part of a Japanese colony from 1910 to 1945, the daily Kyunghyang Shinmun expressed outrage at Okuno's "chauvinistic psychology." China's People's Daily called for "effective measures" to counter Okuno's message. After initially hesitating, Prime Minister Noboru Takeshita on Friday demanded and received Okuno's resignation...
Concern about the trade deficit focused attention on last week's visit to the White House by Japan's new Prime Minister, Noboru Takeshita. Last year Japan accounted for $60 billion of the U.S. trade gap. The two leaders agreed that reducing the trade imbalance was a "top priority," but took only a few modest steps in that direction. Takeshita made new proposals to give American construction companies greater access to Japanese public works projects. He also promised that his government would strive to hold down interest rates, which could help stimulate Japan's economy and boost demand for imports...
Meanwhile, Roh Tae Woo moved confidently into his new role as President- elect. To help strengthen South Korea's relations with Japan, the former general met with Shintaro Abe, secretary-general of Japan's Liberal Democratic Party, and chatted by phone with Japanese Prime Minister Noboru Takeshita. Roh promised to seek improved relations with China after he takes office on Feb. 25. Any warming between the two nations could reduce tensions between Seoul and Communist North Korea, a staunch Beijing ally...
...prices as high as 64 times the value of earnings, Japanese investors were more wary than worried. "When a mountain is high," said Masao Maehara, a Nikko Securities official, "its ravines must be deep. We're seeing fluctuations, but the Japanese economy remains strong." Even so, future Prime Minister Takeshita faces the unhappy prospect of slower economic growth than the 3.4% previously anticipated for next year...